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Dead business, disputed debt and a bank that ran out of patience

A Durban trust whose butchery, delicatessen and bakery have closed is facing sequestration after failing to repay a multimillion-rand Standard Bank loan, while unpaid municipal bills piled up and promises to sort out its finances came to nothing.

Dead business, disputed debt and a bank that ran out of patience

We haven't written up this one. IOL has the full story — the link below goes straight to it.

Read the original at iol.co.za →

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